Cost of Living in Sherman, TX
2024 data from the Bureau of Economic Analysis
Cost Index
93.8
6.2% below avg
Housing Index
89.5
Median Income
$66,608
Median Rent
$1,096/mo
Cost Breakdown
Overall93.8 (-6.2%)
Housing89.5 (-10.5%)
Goods93.8 (-6.2%)
Utilities83.3 (-16.7%)
Other Services96.2 (-3.8%)
National average = 100
Income & Housing
Median Household Income
$66,608/year
Median Home Value
$206,900
Median Monthly Rent
$1,096/mo
Per Capita Income
$34,643/year
Compare Sherman, TX With
Frequently Asked Questions
Is Sherman, TX expensive to live in?
Sherman, TX has a cost of living index of 93.8, which is 6.2% below the national average.
How much does housing cost in Sherman, TX?
Housing costs in Sherman, TX are indexed at 89.5 compared to the national average of 100. The median monthly rent is $1,096.
What is the average income in Sherman, TX?
The median household income in Sherman, TX is $66,608 per year.
What is the average home price in Sherman, TX?
The median home value in Sherman, TX is $206,900.